Question: Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows? (Round your answer to

Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows? (Round your answer to 2 decimal places, e.g., 32.16.) Cash Year Flow 0-$5,500 1,550 2 1,750 3 2,150 4 1,650 1 Payback period years

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